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USD underperformance spills into early........>

FOREX
FOREX: USD underperformance spills into early Asia-Pacific trade post-FOMC, with
NZD leading the way amongst G10 FX after S&P affirmed New Zealand at AA and
lifted its outlook to positive from stable.
- Focus for the session is likely to fall on the official Jan PMI surveys out of
China, due in ~30 mins time. The manufacturing PMI slipped into contractionary
territory in December, printing at 49.7, with the MNI median estimate looking
for 49.2 this time out.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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